Friday, September 4, 2015

Sugar d wave completing today?

Oct sugar…the D wave should be completing today as a perfect A=C and would be 1160. I will be selling here anywhere near 1160 as I'm looking for a resistance candle to form. Possibly setting up an evening star doji or a piercing pattern. Targets of I'm correct in my counting is around the 9 cent area.  At that point I will be a full fledge bull buying on a break of the lower trendline. 

Thursday, September 3, 2015

Dec crude…


Oct crude looks as if we are putting in the w2 as we come off and a break under 4321 puts it in a 3rd wave lower toward 3826. Let's see if we break

Wednesday, September 2, 2015

Euro $ dec 2016 ending diagonal complete

Above is the chart for dec 2016 Eurodollars. It looks as if the ending diagonal has finished so I am expecting a 
Drop to at the least 9803. And possibly lower. We shall see. 

Monday, August 31, 2015

Christmas crude

A reversal today has crude gunning for the 50 day avg at 5059. Hopefully we don't breach this 5213 as I'd like to see crude fail here.